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US charitable donations top $300 bn in 2007

The Economic Times - Total giving exceeded $300 billion for the first time and was nearly 4 percent more than in 2006, or 1 percent more when adjusted for inflation, according to the report. Just over half the $229 billion given by individuals in 2007 came from households earning in the top 10 percent of U.S. incomes. The amount given by individuals rose 3 percent compared to 2006, but edged downward when adjusted for inflation. In most years, some two-thirds of Americans donate to charity.

http://economictimes.indiatimes.com/News/News_By_Industry/US_charitable_donations_top_300_bn_in_2007/articleshow/3154919.cms

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